1614 S Sycamore Avenue, Los Angeles, CA 90019

  • $3,895,000
1614 S Sycamore Avenue, Los Angeles, CA 90019
Active
1614 S Sycamore Avenue, Los Angeles, CA 90019
1614 S Sycamore Avenue, Los Angeles, CA 90019
  • $3,895,000

Description

Located in Opportunity Zone! Onward Capital, as the exclusive broker, is excited to present this newly constructed 5-unit complex for sale, featuring two duplexes and a detached ADU. This is a rare opportunity to acquire a brand-new property in the heart of Los Angeles. The fully stabilized, cash-flowing asset generates over $26,000 per month and $312,000 annually, offering an impressive 6,02% cap rate. With no repairs or maintenance required and builder’s warranties included, this property stands out as a true pride-of-ownership investment. The complex comprises three detached, three-story buildings with thoughtfully designed layouts, including two 4-bedroom, 4.5-bath units; two 3-bedroom, 3.5-bath units; and one 2-bedroom, 2-bath unit. Each unit features top-of-the-line finishes, custom-designed kitchens, stainless steel appliances, and durable Hardy siding on the exterior, showcasing the highest standards of quality and craftsmanship.

  • Address 1614 S Sycamore Avenue
  • City Los Angeles
  • State/county CA
  • Zip/Postal Code 90019
  • Country US

Details

Updated on April 10, 2025 at 12:30 pm
  • Property ID: 25519931
  • Price: $3,895,000
  • Property Size: 8238
  • Land Area: 0.2127 Acres
  • Bedrooms: 16
  • Bathrooms: 18
  • Garage Size: x x
  • Year Built: 2025
  • Property Type: Residential Income
  • Property Status: Active

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  • Hoyt Hochman